awallejr (78.49)

September 2008

3

Here is the irony. It was a Republican President who came to the Congress with a serious issue with a proposed plan to deal with it. The Democrats could have ignored it. But they didn't. They worked hard on it. It then goes down in defeat mainly because the Republicans didn't want it. [more]

Recs

3

I see alot of anti-bailout blogs. And I am just curious. Are you REALLY invested in the stock market? And if you are do you really think this plan will hurt the market long term? I am invested in the market. And as an investor I really do want this plan to pass (I want it to pass even if I wasn't) because I am pretty confident the market will rally bigtime if it does (at least short term). I also feel it has a chance to do what Paulson and Bernanke think it will do (2 really smart people even if you don't agree with their policies). [more]

Recs

2

While I know all you shorts out there will hate this blog, and many of you shorts are just playing a CAPS GAME anyway, I really tip my hat off to Bernanke and Paulson for doing whatever is necessary to prevent a total collapse of our financial system. [more]

Recs

2

Despite the fact that this man has been pretty much invisible, we can probably thank him for today's plunge in the market. Shorts were basically told today was the last day they can do naked shorts. So what is happening? The financials are getting shorted to death today. If you had some guts buy the financials while they are getting creamed. [more]

Recs

3

I have replaced pretty much all my real life non dividend producing stocks with dividend stocks. If your stock doesn't pay at least 4 pct I don't want it. I tried to key in on companies that have continually increased their dividends over the passed 10 years, with some exceptions like high yielders such as PRGN and ACAS). Now I just monitor the dividend payouts every quarter. I don't care what the overall market is doing. Though I would like my portfolio to always go up every day, I accept the fact that that just isn't happpening, but hey In time, over the years I expect to sell holdings I have at one point in time at the exit price I have set for the given stock. And if it takes years to reach it, so be it as long as I get my dividends. Since I am not savvy enough to be a trader with the time and knowledge to commit to complicated hedged option play, and since I simply can't guess the short term in this market on a consistent basis, and since I really don't want to just earn 3pct a year from a bank (even if it is pretty much guaranteed), and since most mutual funds are sucking anyway without paying much of a return yeild, I have decided that my thesis is the best in this type of market. [more]